Kevin Haggard - May 17, 2021 Form 3 Insider Report for Callon Petroleum Co (CPE)

Role
Senior VP & CFO
Signature
/s/ Kevin Haggard, by Michol L. Ecklund, Attorney-in-Fact
Stock symbol
CPE
Transactions as of
May 17, 2021
Transactions value $
$0
Form type
3
Date filed
5/17/2021, 05:37 PM
Next filing
Mar 11, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CPE 2021 RSU - Stock May 17, 2021 Common Stock 16K Direct F1, F2
holding CPE 2021 RSU - Stock (Retention Award) May 17, 2021 Common Stock 16.4K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously reported on Form 8-K dated May 11, 2021, this award was granted to Mr. Haggard on May 10, 2021, when he joined Callon Petroleum Company. The award is subject to three-year ratable vesting with one-third of the restricted stock units ("RSUs") vesting annually. The first tranche will vest on April 1, 2022. The second tranche will vest on April 1, 2023. The third and final tranche will vest on April 1, 2024.
F2 RSUs convert into common stock on a one-for-one basis.
F3 As previously reported on Form 8-K dated May 11, 2021, this award was granted to Mr. Haggard on May 10, 2021, when he joined Callon Petroleum Company. The RSUs cliff vest in full on June, 1, 2024.